Thursday, March 27, 2014

Klout Acquired By Lithium Technologies

San Francisco-based Klout, the developer of software to attempt to measure the social impact of people by their social media footprint, has been acquired by Lithium Technologies, the companies said today. Lithium is also based in San Francisco. Financial terms of the buy were not disclosed, however, reports place the price at around $200M. Klout was backed by ff Asset Management, Greycroft Partners, Kleiner Perkins Caufield and Byers, Microsoft Corp., Allen Morgan, Nova Spivack, Tom McInerney, Paige Craig, and Bobby Yazdani, along with others.